{"id":414,"date":"2015-12-18T08:43:05","date_gmt":"2015-12-18T16:43:05","guid":{"rendered":"https:\/\/chaltenadvisors.com\/blog\/?p=414"},"modified":"2015-12-18T08:43:05","modified_gmt":"2015-12-18T16:43:05","slug":"what-makes-you-itch-weekend-reading-worth-jumping-into-10","status":"publish","type":"post","link":"https:\/\/chaltenadvisors.ca\/blog\/what-makes-you-itch-weekend-reading-worth-jumping-into-10\/","title":{"rendered":"What makes you itch?  Weekend reading worth jumping into"},"content":{"rendered":"<p><em>&#8220;The pain of discipline is far less than the pain of regret.&#8221; -Sarah Bombell<\/em><\/p>\n<p><em>&#8220;If you want something different You Gotta do something different.&#8221; &#8211; Nathaniel Williams<\/em><\/p>\n<p><a href=\"https:\/\/chaltenadvisors.ca\/blog\/wp-content\/uploads\/2015\/03\/Go-for-it.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-223 size-full\" src=\"https:\/\/chaltenadvisors.ca\/blog\/wp-content\/uploads\/2015\/03\/Go-for-it.jpg\" alt=\"Go for it\" width=\"500\" height=\"667\" srcset=\"https:\/\/chaltenadvisors.ca\/blog\/wp-content\/uploads\/2015\/03\/Go-for-it.jpg 500w, https:\/\/chaltenadvisors.ca\/blog\/wp-content\/uploads\/2015\/03\/Go-for-it-225x300.jpg 225w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><em>We love to read and share &#8211; here&#8217;s some notable things from the last week covering life, investing and financial planning. \u00a0<\/em><\/p>\n<p><span style=\"text-decoration: underline;\"><em><strong>Perspective<\/strong><\/em><\/span><\/p>\n<p><a href=\"http:\/\/gailvazoxlade.com\/blog\/archives\/6204?platform=hootsuite\" target=\"_blank\"><strong>Your Choices to Make &#8211; gailvazoxlade.com<\/strong><\/a>\u00a0&#8211; <em>&#8220;Often when people look at the choices they must make, they focus on what they must give up. I have always kicked my own ass and turned my face to what it is I\u2019m trying to achieve. In making the choices I make, it isn\u2019t about what I won\u2019t be able to have. I consciously choose to focus on what it is that I will be able to have.&#8221;<\/em><\/p>\n<p><span style=\"text-decoration: underline;\"><em><strong>Investing<\/strong><\/em><\/span><\/p>\n<p><strong><a href=\"http:\/\/www.evidenceinvestor.co.uk\/christmas-letter-fund-industry\/?platform=hootsuite\" target=\"_blank\">A Christmas letter from the fund industry &#8211; The Evidence-Based Investor<\/a>\u00a0<\/strong>&#8211;<em> &#8220;2015 has certainly been challenging on the work front. We don\u2019t mean beating the market \u2014 most of us gave up on that years ago \u2014 but the constant downward pressure on fees, the calls for greater transparency and the mounting evidence from all over the world that we, as an industry, extract far more value from the investment process than we add.&#8221;<\/em><\/p>\n<p><strong><a href=\"http:\/\/www.jasonzweig.com\/new-years-play\/?platform=hootsuite\" target=\"_blank\">New Year\u2019s Play | Jason Zweig<\/a>\u00a0<\/strong>&#8211; <em>&#8220;The lessons of the calendar are clear: The right time to invest is when you have cash to spare. The right time to sell is when you need the money or want to adjust the riskiness of your portfolio. Any other attempts at timing are no better than superstition.&#8221;<\/em><\/p>\n<p><a href=\"http:\/\/awealthofcommonsense.com\/wall-streets-biggest-lie\/?platform=hootsuite\" target=\"_blank\"><span style=\"text-decoration: underline;\"><strong>Wall Streets Biggest Lies<\/strong><\/span><\/a> &#8211; &#8220;<em>And I think the big lie on Wall Street and in the financial-advisor community is a sentence that begins kind-of like this: \u201cYou\u2019re going to need to earn higher returns so we\u2019re going to buy you some of these\u2026\u201d Well, it doesn\u2019t matter what you need. You could need a 20% return, you could need a 15% return, you could need a 10% return, but the stock market doesn\u2019t know and doesn\u2019t care what return you need.&#8221;<\/em><\/p>\n<p><script id=\"IPdef.c639aab4-61e2-4b9e-a7f4-63794e5cd998\" src=\"\/\/az452423.vo.msecnd.net\/ius-76ebdeea04cf3415fce2e5af20c935b7\/20447_635845846120167864\" type=\"mce-text\/javascript\"><\/script><strong><a href=\"http:\/\/business.financialpost.com\/personal-finance\/say-goodbye-to-your-10000-tfsa-but-heres-why-its-not-so-bad?platform=hootsuite&amp;__lsa=1ee6-a87a\" target=\"_blank\">Say goodbye to your $10,000 TFSA, but here\u2019s why it\u2019s not so bad | Financial Post<\/a>\u00a0<\/strong>&#8211;\u00a0<em>&#8220;Is a $5,500 annual TFSA contribution as good as the $10,000 amount \u2014 which, incidentally, was not going to be indexed to inflation? Obviously not. But savers are still far better off than they were before the Tories gave us the TFSA in 2009, and it\u2019s the most important elements of that legacy that live on.&#8221;<\/em><\/p>\n<p><a href=\"https:\/\/chaltenadvisors.ca\/blog\/diversification-for-canadian-investors-dont-wait\/?platform=hootsuite\" target=\"_blank\"><strong>Diversification for Canadian Investors &#8211; it&#8217;s never too late!<\/strong><\/a> &#8211; <em>&#8220;Of course now we are getting questions about whether perhaps it\u2019s too late to try to diversify, or whether\u00a0at this point one\u00a0should stick around for the rebound and therefore\u00a0stay concentrated\u00a0in Canada. The evidence suggests that kind of effort to chase market returns is a sucker\u2019s game. Diversify now and look forward to a better long term investment experience.&#8221;<\/em><\/p>\n<p><strong><a href=\"http:\/\/www.evidenceinvestor.co.uk\/the-only-reason-to-read-annual-market-forecasts\/?platform=hootsuite\" target=\"_blank\">The only reason to read annual market forecasts &#8211; The Evidence-Based Investor<\/a>\u00a0<\/strong>&#8211; <em>&#8220;The media knows this (besides, how else are they going to fill all those pages when the markets are closed?) and, more to the point, so does the fund industry. It knows that the more predictions it makes, the more we\u2019re going to turn our portfolios over. And the more we do that, the more fees the industry earns.&#8221;<\/em><\/p>\n<p><script src=\"http:\/\/odb.outbrain.com\/utils\/get?url=http%3A%2F%2Fwww.marketwatch.com%2Fstory%2Fjack-bogle-owns-more-bonds-than-stocks-2015-12-15&amp;settings=true&amp;recs=true&amp;widgetJSId=AR_2&amp;key=NANOWDGT01&amp;idx=4&amp;version=01000219&amp;ref=&amp;apv=true&amp;sig=DkE4LTrG&amp;format=html&amp;rand=5226&amp;lsd=7ed56efe-2b63-4129-9b81-5a55022c3bf7&amp;t=MV84MWRlNjM1NGYyMWYzY2YxZjI0ZDg3OWI2ZGFlZTNjMl8w&amp;winW=1168&amp;winH=1128\" async=\"\" type=\"mce-text\/javascript\" charset=\"UTF-8\"><\/script><script src=\"http:\/\/odb.outbrain.com\/utils\/get?url=http%3A%2F%2Fwww.marketwatch.com%2Fstory%2Fjack-bogle-owns-more-bonds-than-stocks-2015-12-15&amp;settings=true&amp;recs=true&amp;widgetJSId=SB_4&amp;key=NANOWDGT01&amp;idx=3&amp;version=01000219&amp;ref=&amp;apv=false&amp;sig=DkE4LTrG&amp;format=html&amp;rand=13353&amp;lsd=7ed56efe-2b63-4129-9b81-5a55022c3bf7&amp;t=MV84MWRlNjM1NGYyMWYzY2YxZjI0ZDg3OWI2ZGFlZTNjMl8w&amp;winW=1168&amp;winH=1128\" async=\"\" type=\"mce-text\/javascript\" charset=\"UTF-8\"><\/script><script src=\"http:\/\/odb.outbrain.com\/utils\/get?url=http%3A%2F%2Fwww.marketwatch.com%2Fstory%2Fjack-bogle-owns-more-bonds-than-stocks-2015-12-15&amp;settings=true&amp;recs=true&amp;widgetJSId=SB_2&amp;key=NANOWDGT01&amp;idx=2&amp;version=01000219&amp;ref=&amp;apv=false&amp;sig=DkE4LTrG&amp;format=html&amp;rand=16720&amp;lsd=7ed56efe-2b63-4129-9b81-5a55022c3bf7&amp;t=MV84MWRlNjM1NGYyMWYzY2YxZjI0ZDg3OWI2ZGFlZTNjMl8w&amp;winW=1168&amp;winH=1128\" async=\"\" type=\"mce-text\/javascript\" charset=\"UTF-8\"><\/script><script src=\"http:\/\/odb.outbrain.com\/utils\/get?url=http%3A%2F%2Fwww.marketwatch.com%2Fstory%2Fjack-bogle-owns-more-bonds-than-stocks-2015-12-15&amp;settings=true&amp;recs=true&amp;widgetJSId=SB_1&amp;key=NANOWDGT01&amp;idx=1&amp;version=01000219&amp;ref=&amp;apv=false&amp;sig=DkE4LTrG&amp;format=html&amp;rand=17035&amp;lsd=7ed56efe-2b63-4129-9b81-5a55022c3bf7&amp;t=MV84MWRlNjM1NGYyMWYzY2YxZjI0ZDg3OWI2ZGFlZTNjMl8w&amp;winW=1168&amp;winH=1128\" async=\"\" type=\"mce-text\/javascript\" charset=\"UTF-8\"><\/script><script id=\"utag_58\" src=\"http:\/\/pixel.quantserve.com\/aquant.js?a=p-5NBLDGB8f6wFa\" async=\"\" type=\"mce-text\/javascript\" charset=\"utf-8\" language=\"javascript\"><\/script><script src=\"\/\/ar.voicefive.com\/bmx3\/node.pli?pub=marketwatch\" type=\"mce-text\/javascript\"><\/script><script src=\"http:\/\/odb.outbrain.com\/utils\/get?url=http%3A%2F%2Fwww.marketwatch.com%2Fstory%2Fjack-bogle-owns-more-bonds-than-stocks-2015-12-15&amp;settings=true&amp;recs=true&amp;widgetJSId=AR_1&amp;key=NANOWDGT01&amp;idx=0&amp;version=01000219&amp;ref=&amp;apv=false&amp;sig=DkE4LTrG&amp;format=html&amp;rand=4460&amp;lsd=7ed56efe-2b63-4129-9b81-5a55022c3bf7&amp;winW=1168&amp;winH=1128\" async=\"\" type=\"mce-text\/javascript\" charset=\"UTF-8\"><\/script><a href=\"http:\/\/www.marketwatch.com\/story\/jack-bogle-owns-more-bonds-than-stocks-2015-12-15?platform=hootsuite\" target=\"_blank\"><strong>Jack Bogle owns more bonds than stocks &#8211; MarketWatch<\/strong><\/a>\u00a0&#8211; <em>&#8220;I have reduced my equities a little bit this year, largely in view of the fact that I\u2019m at a time in life when I am a little more interested in preservation than growth.\u201d<\/em><\/p>\n<p><a href=\"https:\/\/chaltenadvisors.ca\/blog\/9-common-but-terrible-reasons-to-choose-an-investment\/?platform=hootsuite\" target=\"_blank\"><strong> 9 Common but Terrible reasons to choose an investment | Chalten Blog<\/strong><\/a><strong> &#8211;\u00a0<\/strong><em>&#8220;There are some really good reasons to choose an investment. When we hear things like, \u201cit\u2019s low cost, liquid, diversified, fits with my risk profile and is complementary to my other portfolio holdings\u201d, we shout bravo! Unfortunately we hear lots of other reasons that aren\u2019t so good \u2013 here\u2019s a selection&#8221;<\/em><\/p>\n<p><span style=\"text-decoration: underline;\"><em><strong>Financial Planning<\/strong><\/em><\/span><\/p>\n<p><script src=\"\/\/assets.pinterest.com\/js\/pinit_main.js\" async=\"\" type=\"text\/javascript\"><\/script><script src=\"https:\/\/apis.google.com\/_\/scs\/apps-static\/_\/js\/k=oz.gapi.en.kWQiLQ__w5M.O\/m=auth\/exm=plusone\/rt=j\/sv=1\/d=1\/ed=1\/am=AQ\/rs=AGLTcCNW22mikQHL62nM3jABCUgFNPPePw\/t=zcms\/cb=gapi.loaded_1\" async=\"\"><\/script><script src=\"https:\/\/apis.google.com\/_\/scs\/apps-static\/_\/js\/k=oz.gapi.en.kWQiLQ__w5M.O\/m=plusone\/rt=j\/sv=1\/d=1\/ed=1\/am=AQ\/rs=AGLTcCNW22mikQHL62nM3jABCUgFNPPePw\/t=zcms\/cb=gapi.loaded_0\" async=\"\"><\/script><!-- [if lte IE 8]>\n\t<script type=\"text\/javascript\" src=\"http:\/\/www.moneywehave.com\/wp-content\/themes\/Avada\/assets\/js\/html5shiv.js\"><\/script>\n\t<![endif]--> <a href=\"http:\/\/www.moneywehave.com\/reasons-to-use-your-emergency-fund\/?platform=hootsuite\" target=\"_blank\"><strong>Reasons to Use Your Emergency Fund &#8211; Money We Have<\/strong><\/a>\u00a0&#8211; <em>&#8220;Saving isn\u2019t very sexy, but at least you won\u2019t stress out when it you need to draw on those funds in emergency situations.&#8221;<\/em><\/p>\n<p><a href=\"https:\/\/chaltenadvisors.ca\/blog\/emergency-fund-a-good-idea-in-all-situations\/\" target=\"_blank\"><strong> Emergency Fund \u2013 a good idea in all situations | Chalten Blog<\/strong><\/a>\u00a0&#8211; <em>&#8220;So again, we don\u2019t like to think about the situations that might necessitate the use of an emergency fund and as a result many choose to ignore it in the same way they might ignore sensible life insurance, however it\u2019s there to protect our families when we need it so is more than worthwhile.&#8221;<\/em><\/p>\n<p><a href=\"http:\/\/www.theglobeandmail.com\/globe-investor\/personal-finance\/household-finances\/in-light-of-fed-hike-its-time-to-revisit-debt-loads\/article27788673\/\" target=\"_blank\"><strong>In light of the U.S. Fed hike, it&#8217;s time to revisit debt loads<\/strong><\/a>\u00a0&#8211; <em>&#8220;Above all, adjust your thinking on debt. Even with the rate risk muted here in Canada, we now have proof that interest rates won\u2019t stay at current lows forever.&#8221;<\/em><\/p>\n<p>Please <a href=\"https:\/\/chaltenadvisors.ca\/blog\/subscribe\/\" target=\"_blank\"><em>subscribe to the Chalten blog<\/em><\/a> to get it straight to your inbox.<\/p>\n<p>Take our<a href=\"https:\/\/www.pocketrisk.com\/embedded_clients\/new?account_id=510&amp;embed_token=54d7ad\" target=\"_blank\"><em> free Risk Questionnaire!<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;The pain of discipline is far less than the pain of regret.&#8221; -Sarah Bombell &#8220;If you want something different You Gotta do something different.&#8221; &#8211; Nathaniel Williams &nbsp; We love to read and share &#8211; here&#8217;s some notable things from the last week covering life, investing and financial planning. \u00a0 Perspective Your Choices to Make <a class=\"read-more\" href=\"https:\/\/chaltenadvisors.ca\/blog\/what-makes-you-itch-weekend-reading-worth-jumping-into-10\/\">[&hellip;]<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,7,18],"tags":[],"class_list":["post-414","post","type-post","status-publish","format-standard","hentry","category-all-posts","category-graham-bodel-posts","category-weekend-reading"],"_links":{"self":[{"href":"https:\/\/chaltenadvisors.ca\/blog\/wp-json\/wp\/v2\/posts\/414","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/chaltenadvisors.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/chaltenadvisors.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/chaltenadvisors.ca\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/chaltenadvisors.ca\/blog\/wp-json\/wp\/v2\/comments?post=414"}],"version-history":[{"count":2,"href":"https:\/\/chaltenadvisors.ca\/blog\/wp-json\/wp\/v2\/posts\/414\/revisions"}],"predecessor-version":[{"id":416,"href":"https:\/\/chaltenadvisors.ca\/blog\/wp-json\/wp\/v2\/posts\/414\/revisions\/416"}],"wp:attachment":[{"href":"https:\/\/chaltenadvisors.ca\/blog\/wp-json\/wp\/v2\/media?parent=414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/chaltenadvisors.ca\/blog\/wp-json\/wp\/v2\/categories?post=414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/chaltenadvisors.ca\/blog\/wp-json\/wp\/v2\/tags?post=414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}